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High-Yield Turnkey Triplex with 2024 Upgrades! Investors, seize this rare income-producing asset generating $3,000 in gross monthly revenue with an exceptionally low expense profile. Situated on a spacious 0.31-acre lot, this property offers the perfect blend of density and privacy across two solid brick residential buildings. Major 2024 Capital Upgrade: A Brand New Roof was installed across the property in 2024, providing years of worry-free ownership. Both primary buildings are equipped with Central AC to ensure maximum tenant comfort and retention. The Layout:425 E Sessoms Ave: A standalone 1-bedroom, 1-bathroom cottage (685 sq ft) featuring a private 90 sq ft finished screened porch and a classic fireplace. 427 E Sessoms Ave (Front): A private 1-bedroom, 1-bathroom suite with its own dedicated front entrance and porch. 427 E Sessoms Ave (Rear): A secluded private studio with a separate side/rear entrance for ultimate tenant privacy. Bonus Value: A detached large storage building at the rear includes an on-site laundry room, a high-demand amenity that adds significant utility. Built with common brick exterior walls, this property is designed for low-maintenance, long-term performance. With an annual gross income of $36,000 and minimal overhead, this "Cash Cow" is ready for Day 1 operations. Schedule your showing today!
| DAYS ON MARKET | 169 | LAST UPDATED | 5/19/2026 |
|---|---|---|---|
| TRACT | LAKE WALES | YEAR BUILT | 1937 |
| COMMUNITY | 33853 - Lake Wales South | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Jan 19, '26 | $370,000 |
|---|---|
| Jan 19, '26 - Feb 9, '26 | $365,000 |
| Feb 9, '26 - Mar 4, '26 | $360,000 |
| Mar 4, '26 - Apr 3, '26 | $355,000 |
| Apr 3, '26 - Apr 21, '26 | $349,900 |
| Apr 21, '26 - May 4, '26 | $344,900 |
| May 4, '26 - May 12, '26 | $339,900 |
| May 12, '26 - May 19, '26 | $334,900 |
| May 19, '26 - Today | $329,900 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range, Refrigerator |
| AREA | 33853 - Lake Wales South |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Other |
| HEAT | Central |
| INTERIOR | Other |
| LOT | 0.31 acre(s) |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | LAKE WALES |
| TAXES | 2877.34 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Wes Fleming, BHHS FLORIDA PROPERTIES GROUP, 863-701-2350
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/26/26 7:29 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.